Minexco Petroleum, a private junior oil and gas exploration and production company, is seeking to become the latest addition to the group of companies searching for oil in the Guyana basin. Minexco, which has a presence in West Africa and northern South America, has filed an application to operate a block in Guyana, the Government Information Agency (GINA) reported on Wednesday, when company president Efroyim Hecht and a team met with President Donald Ramotar.
GINA said that apart from its exploits in West Africa and northern South America, the company has also operated independently on deep water blocs and through joint ventures in other locations. It also noted that it also conducted a five-day oil and gas training course for local technicians last May. Hecht was quoted as saying that the company prioritises high potential, low risk opportunities,
